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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

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Thu, Jul 18 2019

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Cloud growth fuels IBM profit beat

International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business.

Cloud growth fuels IBM profit beat

International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business.

IBM revenue falls as weak legacy businesses offset cloud growth

July 17 International Business Machines Corp posted a 4.2% fall in quarterly revenue, in line with analysts' estimates, as weakness in its legacy businesses of selling hardware and software offset growth in its high-margin cloud computing unit.

UPDATE 1-Microsoft, AT&T sign cloud deal worth more than $2 billion

July 17 Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much of its 268,000-strong workforce.

IBM proposes changes to law shielding internet firms from user content liability

International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms.

IBM proposes changes to law shielding internet firms from user content liability

International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms.

IBM closes $34 billion deal to buy Red Hat to boost cloud business

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business.

IBM closes $34 billion deal to buy Red Hat to boost cloud business

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business.

UPDATE 1-IBM closes $34 bln deal to buy Red Hat to boost cloud business

July 9 International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc, as it looks to ramp up its cloud computing business.

IBM closes $34 billion deal to buy Red Hat

July 9 International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business.

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